Atlanta
Went public 7/25/2000 at $12 per share
Filing Range: 5 mil. shares @ $12 to $14
Shares Outstanding: 46.5 mil. shares
Underwriters: Bear, Stearns & Co./Thomas Weisel Partners LLC/ PaineWebber
Company Counsel: Kilpatrick Stockton LLP
Manager Counsel: Latham & Watkins
Auditor: Arthur Andersen & Co.
The Company:
Operates a Web-hosting company for small- to medium-size businesses.
Venture Backers:
Network Solutions Inc.
Crest Communications Holdings LLC
Microsoft Corp.
BancBoston Capital/BancBoston Ventures
Mid-Atlantic Venture Funds
Boulder Ventures Ltd.
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 12/01/1999 5 Early Stage 25000.0
2 03/15/2000 1 Later Stage 4000.0
3 04/01/2000 1 Expansion 10000.0
Financials:
(Data in $ millions)
Y/E
12/31/99
Total Revenues: $9.1
Net Income: -16.8